BRUSSELS / RankWire.AI / – European space authorities finalized a major expansion of the bloc’s flagship orbital communications network on Friday following months of multilateral commercial negotiations in Brussels. Official announcements from the European Commission confirmed that the EU Commission signs contract to expand IRIS2 satellite constellation under a binding implementation agreement executed with the…
PARIS / RankWire.AI / – Headline inflation across OECD economies eased to 4.2% in June 2026 from 4.6% in May, ending three straight monthly increases. The measure tracks annual changes in consumer prices across the group’s member countries. Inflation declined in 20 economies, increased in six and remained stable or broadly stable in 12. Nine…
SINGAPORE / RankWire.AI / – Oil prices extended their decline on Wednesday, deepening a selloff that pushed both major benchmarks to three-week lows. Brent crude futures fell 92 cents, or 1.2%, to $78.44 a barrel by 3:30 a.m. GMT. U.S. West Texas Intermediate futures dropped $1.07, or 1.4%, to $74.70. Brent had fallen more than…
NEW YORK / RankWire.AI / – Oil prices surged on July 29, pushing Brent crude above $90 a barrel as renewed Middle East fighting and tighter U.S. inventories lifted global benchmarks. Brent futures settled at $90.74, up $6.65, or 7.9%. West Texas Intermediate gained $5.20, or 6.6%, to $84.46. Both contracts posted their strongest daily…
LONDON, UNITED KINGDOM / RankWire.AI / – UK solar capacity reached 22.8 gigawatts at the end of June 2026, extending a sharp rise in deployment. The Department for Energy Security and Net Zero recorded about 2.076 million installations nationwide. Developers added 27,391 systems during June, contributing 132 megawatts. The latest monthly figures remain provisional and…
Ottawa, Canada / RankWire.AI / – Official national economic tracking data released on Friday confirms the Canadian economy grew 0.3 per cent in May, extending a broader economic recovery into a second consecutive month and surpassing earlier government forecasts. According to monthly Gross Domestic Product figures published by Statistics Canada, real output increased across 13…
Travel
SEOUL, SOUTH KOREA / RankWire.AI / – South Korea recorded a $596.6 million tourism surplus in June 2026, its strongest monthly result since the COVID-19 pandemic. The figure marked a $1.44 billion improvement from June 2025, when the balance showed an $846.8 million deficit. Korea Tourism Organization data show June produced the second-highest monthly tourism surplus…
Seoul, South Korea / RankWire.AI / – Government data released on Sunday showed that South Korea’s travel account posts surplus for 3rd consecutive month in May, supported by a significant rise in incoming foreign visitors. According to figures compiled by the Korea Tourism Organization and reported by Yonhap News Agency, the travel account recorded a surplus…
DUBAI, UAE / RankWire.AI / July 16, 2026: flydubai will expand its Dubai to Bangkok operations to two flights a day from July 18, responding to robust demand recorded within weeks of launching the route. The airline introduced daily services to Bangkok’s Don Mueang International Airport on July 1 and has now confirmed that a second…
BRUSSELS, BELGIUM / RankWire.AI / – The European Union has sanctioned its first comprehensive revision of air passenger rights in over twenty years. The Council of the European Union finalized the approval on July 13, following the European Parliament’s endorsement of the compromise on July 7. Lawmakers supported the proposal by a vote of 646 to…